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Yen stronger on firm BoJ rate-hike bets

The USDJPY pair tumbled to near 156.00 late Tuesday, with the Japanese Yen strengthening amid expectations that the Bank of Japan will tighten its monetary policy further in its July monetary policy meeting. Economists expect that the BoJ will raise interest rates further by 10 basis

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CCLEI growth rate ‘stable’ in June

The year-over-year growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, remained stable in June, as a result of opposing trends within the economic

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Tourist investments and risks

A lot of investment has been undertaken for touristic development ranging from hotels to quality places of entertainment and even more important

Moody’s: Hellenic Bank ratings on review for upgrade

Moody’s Ratings has placed all Hellenic Bank ratings and assessments on review for upgrade, with the exception of the Prime-2 short-term Counterparty Risk Ratings (CRRs) and Prime-2(cr) short-term Counterparty Risk (CR) Assessment which have been affirmed. “This announcement reflects our

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Tourist investments and risks

A lot of investment has been undertaken for touristic development ranging from hotels to quality places of entertainment and even more important addressing the upgrading of staff, food and service. Previous years

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Tourist investments and risks

A lot of investment has been undertaken for touristic development ranging from hotels to quality places of entertainment and even more important

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Daleela embarks on first voyage for 2024

The Daleela passenger and car ferry resumed its Limassol to Piraeus sailings for the third season on Wednesday and will continue to early September. The roll on-roll off vessel embarked from Limassol with 126 passengers on board, 49 vehicles, nine

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Larnaca dockworkers continue strike

Larnaca port has come to a standstill after dockworkers decided Wednesday to continue their strike until overtime pay demands are met. The